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    Monday, May 21, 2007

    Fabrik Gets $24.9M
    Fabrik, a San Mateo-based firm that provides storage and content management services, has raised $24.9M in a Series D funding. The company, which maintains offices in Santa Ana, said that the funding came from 3i and ComVentures. Fabrik owns SimpleTech, a hardware brand that sells flash memory, USB flash drives, and memory upgrades, which it purchased from STEC (formerly SimpleTech) last year in a $43M deal. The firm said that the funding will go towards expanding in U.S. and international markets.
    posted on Monday, May 21, 2007 (Link to more information)

    Related companies:
    Fabrik

    Related stories:
    > Fabrik Launches Online Backup Service
    > G-Technology Acquired By Fabrik
    > SimpleTech Sells Consumer Products Business
    > SimpleTech Ships Bamboo Hard Drive
    > Velocity, ComVentures Merge

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